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SEC Chairman Calls for Legal Bulletin on EMMA Disclosures

Is information posted on EMMA subject to greater scrutiny under the antifraud provisions of the federal securities laws than when posted only on an issuer’s website?...more

First Circuit Finds Chapter 9 Special Revenue Provisions Permit Voluntary Payment, But Do Not Require Them

On March 26, 2019, the First Circuit Court of Appeals, affirming a decision by the District Court emanating out of the Puerto Rico Title III bankruptcy cases, found that Sections 928(a) and 922(d) of the Bankruptcy Code...more

Initial House Proposal on Tax Exempt Bonds

On Thursday, November 2, 2017, the House leadership released its long-awaited proposed tax bill for consideration by the Ways and Means Committee. Representatives of the tax exempt bond community had previously had...more

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